Reduces property tax for Hope Academy building

Minneapolis file 2026-01197, before the Minneapolis City Council. Passed as of 2026-10-29.

Latest action: Adopted by City Council

What it does

Hope Academy's tax bill goes down starting 2027 The school at 715 24th Street East will pay a lower special assessment on property taxes for 2027 and beyond, plus get a refund of extra interest already paid.

The bigger picture

Pedestrian safety project paid for through reduced assessments The original assessment funded a pedestrian crossing flasher at Hope Academy; this reduction shifts part of that cost away from the property owner.

What to watch

Other property owners may cover more of crossing costs When one property's assessment is reduced, the city must either absorb the cost or spread it to other properties in the same assessment area.

Official summary

Passage of Resolution reducingthe special assessment for 715 24th Street East (PID 35-029-24-23-0159) for taxes payable 2027 and thereafter, associated with Project 715HA (Levy Code 01026); and authorizing a refund of excess interest collected.

Read the official record for 2026-01197

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